Which of the Following Is a Responsibility of Contract Managers

question 23

Multiple Choice

Which of the following is a responsibility of contract managers? 

• A) Developing corporate sourcing strategies. 
• B) Strategic commodities. 
• C) Materials planning. 
• D) Solve supplier disputes.

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Definitions:

Put Options

Financial contracts giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a predetermined price within a specified time frame.

Exercise Price

The price set for buying or selling an asset under the terms of an options contract.

Treasury Bills

Short-term government securities with maturities ranging from a few days to 52 weeks, sold at a discount from their face value.